Mitigating FuelEU Maritime challenges

DNV has announced an upgrade to its emissions data verification and data management platform, Emissions Connect, which will enable the maritime sector to handle the commercial challenges and risks that come with the implementation of FuelEU Maritime.

FuelEU Maritime sets limits on the greenhouse gas (GHG) intensity of fuels used by ships calling at EU ports and progressively reduces these levels towards 2050. The regulation covers well-to-wake emissions from the entire fuel life cycle and requires ship managers to submit a monitoring plan, report emissions data annually and have their compliance balance verified. GHG intensity which is too high can lead to a negative balance, which, if not compensated in a pool with other ships, will trigger a penalty that the shipping company must pay to the national authorities.

The Norwegian classification says its platform was first launched in 2023 “to support the industry with the operational impact of multiple regulatory requirements and decarbonisation trajectories. Specifically, it helps the industry manage and control Carbon Intensity Indicator (CII) performance, manage the commercial obligations arising from the European Union’s (EU’s) Emissions Trading System (ETS) and now also the implications of FuelEU Maritime”.

Pål Lande, Product Line Director, DNV Maritime said: “The introduction of new regulation to drive decarbonisation is creating a complex environment for organisations across the shipping sector. To assist companies in dealing with this change, we are pleased to be offering a solution that will help them manage the commercial impact of these new rules and collaborate across the supply chain. Accurate and verified data is crucial to instil trust and ensure effective collaboration within this complex environment.”

Meanwhile New York-based software-as-a-service company OrbitMI says it is now providing advanced data-driven tools “to effectively navigate the complex regulation together with partner Bureau Veritas (BV)”.

The latest EU regulation, coming on the heels of the EU ETS, entails new operational challenges as vessel operators must carefully manage and monitor their fuel mix across voyages to optimise compliance and minimise penalties for non-compliance with GHG intensity reduction targets.

OrbitMI CEO Ali Riaz says: “Companies trading in the EU need to understand the regulation and adapt their operations to FuelEU as the clock ticks to implementation in 2025. His company, together with? BV Marine & Offshore, has enhanced its Orbit vessel performance platform for FuelEU planning and monitoring to optimise operations, while facilitating data management and collaboration for efficient regulatory compliance.